INCOME TAXES (Tables)

12 Months Ended

Mar. 29, 2014

Income Tax Disclosure [Abstract]

Schedule Domestic and Foreign Income Before Provision for Income Tax

Domestic and foreign income before provision for income tax is as follows:

(In thousands)	March 29, 2014			March 30, 2013		March 31, 2012
Domestic	$	(6,859	)	$	17,360	$	40,666
Foreign	43,260			32,537		48,832
Total	$	36,401		$	49,897	$	89,498

Schedule of Income Tax Provision Components

The income tax provision contains the following components:

(In thousands)	March 29, 2014			March 30, 2013			March 31, 2012
Current
Federal	$	(4,896	)	$	3,795		$	8,505
State	873			1,324			2,275
Foreign	5,478			5,389			5,954
Total current	$	1,455		$	10,508		$	16,734
Deferred
Federal	(1,785		)	1,644			7,522
State	207			(229		)	(597		)
Foreign	1,376			(826		)	(1,047		)
Total deferred	$	(202	)	$	589		$	5,878
Total	$	1,253		$	11,097		$	22,612

Schedule of Net Deferred Tax Asset

Tax affected, significant temporary differences comprising the net deferred tax liability are as follows:

(In thousands)	March 29, 2014			March 30, 2013
Depreciation	$	(23,658	)	$	(25,186	)
Amortization	(18,618		)	(14,776		)
Inventory	7,371			7,884
Hedging	321			(162		)
Accruals, reserves and other	10,368			7,208
Net operating loss carry-forward	1,507			1,877
Stock based compensation	8,757			7,834
Tax credit carry-forward, net	2,660			2,243
Gross deferred taxes	$	(11,292	)	$	(13,078	)
Less valuation allowance	(3,083		)	(1,009		)
Net deferred tax liability	$	(14,375	)	$	(14,087	)

Schedule of Effective Income Tax Rate Reconciliation

The income tax provision from operations differs from tax provision computed at the 35% U.S. federal statutory income tax rate due to the following:

(In thousands)	March 29, 2014					March 30, 2013					March 31, 2012
Tax at federal statutory rate	$	12,739		35.0	%	$	17,464		35.0	%	$	31,324		35.0	%
Domestic manufacturing deduction	—			—	%	(504		)	(1.0	)%	(700		)	(0.8	)%
Difference between U.S. and foreign tax	(10,846		)	(29.8	)%	(5,584		)	(11.2	)%	(8,539		)	(9.5	)%
State income taxes net of federal benefit	(252		)	(0.7	)%	718			1.4	%	1,136			1.3	%
Change in uncertain tax positions	(1,678		)	(4.6	)%	(580		)	(1.2	)%	144			0.2	%
Intercompany loan deduction	(2,185		)	(6.0	)%	—			—	%	—			—	%
Non-deductible expenses	1,035			2.8	%	1,178			2.4	%	917			1.0	%
Research credits	(688		)	(1.9	)%	(799		)	(1.6	)%	(752		)	(0.9	)%
Valuation allowance	2,400			6.6	%	—			—	%	—			—	%
Other, net	728			2.0	%	(796		)	(1.6	)%	(918		)	(1.0	)%
Income tax provision	$	1,253		3.4	%	$	11,097		22.2	%	$	22,612		25.3	%

Summary of Gross Unrecognized Tax Benefits

The following table summarizes the activity related to our gross unrecognized tax benefits for the fiscal years ended March 29, 2014, March 30, 2013 and March 31, 2012:

(In thousands)	March 29, 2014			March 30, 2013			March 31, 2012
Beginning Balance	$	6,930		$	6,885		$	4,669
Additions based upon positions related to the current year	—			1,192			1,124
Additions for tax positions of prior years	990			18			1,216
Reductions of tax positions	—			—			(124		)
Settlements with taxing authorities	—			(80		)	—
Closure of statute of limitations	(2,316		)	(1,085		)	—
Ending Balance	$	5,604		$	6,930		$	6,885